| View previous topic :: View next topic |
| Author |
Nifty View - Jan 2013 |
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
Post: #226  Posted: Mon Jan 07, 2013 3:26 pm Post subject: |
 |
|
| closing at day's low...premium 36 points! |
|
| Back to top |
|
 |
|
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #227 Posted: Mon Jan 07, 2013 3:29 pm Post subject: |
|
|
| sw_das wrote: | | closing at day's low...premium 36 points! |
If you look at individual stocks, many have some targets pending...small ones....so, I don't think we'll go down suddenly even if the market decides to go down eventually.....that means, we may have at least one more, if not two), range-bound session left.....that's what I feel.....  .....but one thing for sure, we're losing strength...even after breaking above 5965 odd levels... |
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #228 Posted: Mon Jan 07, 2013 3:34 pm Post subject: |
|
|
| psalm wrote: | | sw_das wrote: | | closing at day's low...premium 36 points! |
If you look at individual stocks, many have some targets pending...small ones....so, I don't think we'll go down suddenly even if the market decides to go down eventually.....that means, we may have at least one more, if not two), range-bound session left.....that's what I feel..... .....but one thing for sure, we're losing strength...even after breaking above 5965 odd levels... |
I think it will go down suddenly only. But do not know it is starting of it....more action needs to be seen.....one 8% kind of fall can be seen in this series.....fingers crossed...in normal situation we should open higher tomorrow....but let's see ....something new can happen.... |
|
| Back to top |
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #229 Posted: Mon Jan 07, 2013 3:41 pm Post subject: Nifty view - January |
|
|
| This series (normal) range is 5800 to 6100. One should dare to short at 6100 levels (near) with 6100 as stoploss. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #230 Posted: Mon Jan 07, 2013 5:23 pm Post subject: |
|
|
what riled into nifty steel stocks before close ?
Tata steel from 435 -> 448 and SAIL -> 101.75 ... some news related to Steel sector ? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #231 Posted: Mon Jan 07, 2013 6:39 pm Post subject: |
|
|
| apka, govt slammed 20% import duty on imported steel, may be only from china and may be only on flat products. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #232 Posted: Mon Jan 07, 2013 7:14 pm Post subject: |
|
|
| vinay28 wrote: | | apka, govt slammed 20% import duty on imported steel, may be only from china and may be only on flat products. |
wow awesome. any direct positive negative affect on any other sector / company will it bring ? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #233 Posted: Mon Jan 07, 2013 8:45 pm Post subject: |
|
|
| apka, effect is almost over I guess. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #235 Posted: Tue Jan 08, 2013 9:25 am Post subject: |
|
|
| Market is looking slightly weak at this point of time.....and could go down slightly further to test 5965 levels or even 5950. But I expect some recovery in the second half of the session. So, if the market tests 5950 odd levels, one may look for a BUY "intraday" with a stoploss below 5940 or so.....but its just for the day....not for carrying..Having said that if the market breaks 5940 or so, there could be further selling...so always keep a strict stop..... |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #236 Posted: Tue Jan 08, 2013 9:46 am Post subject: |
|
|
| psalm wrote: | | Market is looking slightly weak at this point of time.....and could go down slightly further to test 5965 levels or even 5950. But I expect some recovery in the second half of the session. So, if the market tests 5950 odd levels, one may look for a BUY "intraday" with a stoploss below 5940 or so.....but its just for the day....not for carrying..Having said that if the market breaks 5940 or so, there could be further selling...so always keep a strict stop..... |
I agree Sam but when you see the INR weakness it still doubtfull whether recovery will come or not |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #237 Posted: Tue Jan 08, 2013 10:00 am Post subject: |
|
|
| taxmann50 wrote: |
I agree Sam but when you see the INR weakness it still doubtfull whether recovery will come or not |
Now USD/INR has reasonable support around 54.8...I was expecting rupee to slightly cool down today after making 2 really bullish candles....rupee has recovered slightly at first, but is showing weakness again.....but I still feel that there could be some recovery and we may reach towards the upper range of 5990-6010 range later today....anyway, let's wait and see how we do from here.... |
|
| Back to top |
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #238 Posted: Tue Jan 08, 2013 10:03 am Post subject: Nifty view - January |
|
|
| Option writers must be hungry, put premium is high? Is it not? |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #239 Posted: Tue Jan 08, 2013 10:05 am Post subject: Re: Nifty view - January |
|
|
| rsnerella wrote: | | Option writers must be hungry, put premium is high? Is it not? |
Yes unlike previous months but what is the inference? |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #240 Posted: Tue Jan 08, 2013 10:12 am Post subject: |
|
|
| Does anyone know the date of inflation number and the RBI policy review? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
